THE DAILY ENCRYPT

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Ukraine Uses Donated Crypto to Pay for Military Supplies — Government Says $50 Million in Crypto Raised in a Week

The Ukrainian government announces that $50 million in cryptocurrency was raised within a week since Russia began its invasion of Ukraine. The government has so far spent $15 million in donated cryptocurrency to buy military supplies. Ukraine Government Spends $15 Million in Crypto on Military Supplies Alex Bornyakov, Ukraine’s deputy minister of digital transformation, revealed

Crypto Corner: The Sports Slice

Sports monsters in European football were particularly aggressive this past week in crypto engagement, while analytics firms like Deloitte and Nielsen predict growth for the years ahead in crypto and blockchain sports sponsorship spend. FC Barcelona and Manchester City led the charge in sports headlines around crypto this week, but for two entirely different reasons.

Pharmacy Chain CVS Files for ‘Crypto-Collectible’ and NFT Trademarks

The American retail and pharmacy corporation CVS is looking to enter the metaverse according to trademark filings registered with the United States Patent and Trademark Office (USPTO). The filings mention things like CVS Health-brand “downloadable virtual goods” and “crypto-collectibles.” CVS Trademark Filings Discuss Virtual Worlds and NFTs The drugstore giant CVS has filed a series

US Treasury Yield Curve Highlights Recession Signals, Analyst Thinks Fallout Will Be ’10x Worse Than the Great Depression’

Fears of a recession and a 1970s-style stagflation economy continue to grip Wall Street and investors this week, as multiple reports show that recession signals have intensified. With oil and commodity prices surging, Reuters reports that investors are “recalibrating their portfolios for an expected period of high inflation and weaker growth.” While Wall Street Fears

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Fantom Foundation Responds To Andre Conje’s Departure

Fantom Foundation has responded to the news of Andre Conje exiting crypto. The announcement which came early on Sunday saw Anton Nell and Andre Conje announce their departure from crypto and decentralized finance (DeFi) and any contribution thereof. This had sent shocked the community as it came seemingly out of nowhere, leaving many questioning the